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Under federal guidelines, Joe Giudice faces a potential sentence of 37 to 46 months and Teresa Giudice could get 21 to 27 months.
In a statement read by her lawyer, Teresa Guidice said she is taking responsibility for her mistakes and is 'heartbroken' over the effect it has had on her four young daughters.
The couple was accused last year of exaggerating income while applying for loans before the show debuted in 2009, then hiding their fortunes in a bankruptcy filing after their first season aired.
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